MCD: Are we rotating to Food and Telecom?

Fundamentals: Restaurants business is going crazy. That makes sense because where there are people there is going to be a need for food. Also looking for a trade opportunity in $SBUX (Alpha: Their overvalued coffee and sandwiches) $CMG (who doesn't love Ackman and "Mexican food").

Technicals: Monthly breakout on restaurant and telecom stocks.

Kommentera:

Possible short below the support.